Technical Analysis June 2012: GAMUDA (5398)

Gamuda Berhad (5398)

Observation from Chart:

GAMUDA rebound from RM3.35 level.

Will it break through RM3.54 resistance?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on BUY call.

High probably it will retest RM3.54 resistance level.
If the bull strong enough, potentially break through RM3.54 level.

If retrace down, MA20 is the immediate support.

Let's watch closely.

Technical Analysis June 2012: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

8 June 2012, MYEG retest RM0.58 resistance level.

Will it break through?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

If the bull strong enough, it might break through MA20 resistance.
If retrace down, may look for RM0.565 support level.

Let watch closely

Technical Analysis June 2012: TOPGLOVE (7113)

TOP GLOVE CORPORATION BERHAD

Observation from chart:

TOPGLOVE retest RM4.70 resistance level & retrace down.

What's immediate support?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger SELL call.

High potential it might retrace down retest support level.
Immediate support RM4.50 level.
Subsequent support would be MA20 level.

Let's watch closely...

Technical Analysis June 2012: WCT (9679)

WCT BERHAD

Observation from Chart:-

8 June 2011, WCT retest RM2.45 resistance level.

Will it break through?

Other indicator:-
MACD moving toward positive region, uptrend itinerary.
Stochastic %K on overbought stage.

If break through, RM2.46 level, potential retest RM2.73 high.
If retrace down, MA20 is immediate support level.

Let watch closely...

Technical Analysis June 2012: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG succeed break through strong resistance RM2.29 level.

How high will it go?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. Stochastic %K around overbought stage.

Immediate resistance RM2.40 level.
Immmediate support MA100 level.

If the bull strong enough, potential retest RM2.50 resistance level.

Let's watch closely...

Technical Analysis June 2012: KURASIA (5097)

KURNIA ASIA BHD

Observation from Chart:-

KURASIA break through RM0.61 resistance level.

What's next resistance?

Other indicator:-
MACD trade at positive region, uptrend stock.
Stochastic %K already reach overbough stage.

High potential it will retest RM0.635 resistance level.
If the bull strong enough, do potential break though RM0.635 & go higher.

Let's watch closely.

Technical Analysis June 2012: PADINI (7052)

PADINI HOLDINGS BHD

Observation from Chart:-

PADINI retrace down from RM1.80 resistance level.

What's the immediate support?

Other indicator:-
MACD trade at positive region, uptrend stock.
Stochastic %K on SELL call itinerary.

High potential it will retest MA50 support level.

Let's watch closely.

Technical Analysis June 2012: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA retest RM2.81 resistance level.

Will it break through?

Other indicator:-
MACD moving toward positive region, uptrend stock.
Stochastic %K still on BUY call.

If market sentiment is bullish, high potential it will break through RM2.81 resistance.

Else, tt might be consolidate above MA50 / MA20 support level.

Subsequent support @ RM2.50 level.

Let's watch closely.

Technical Analysis June 2012: IVORY (5175)

IVORY PROPERTIES GROUP BERHAD

Observation from Chart:-

IVORY retest RM0.49 level again?

Will it rebound?

Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistant MA20 level.
Immediate support RM0.49 level.

If market sentiment is remain bearish, high potential IVORY will retest RM0.46 support level.

Let's watch closely for technical rebound.

Technical Analysis June 2012: BURSA (1818)

BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA keep forming lower high & lower low.

How low will it gp?

Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K at extremely oversold stage.

Immediate resistant MA20 level.
Immediate support RM5.69 level.

If market sentiment is remain uncertain, high potential BURSA will retest RM5.69 level.

Let's watch closely for technical rebound.